NISO has released the Cost of Resource Exchange (CORE) Protocol (NISO RP-10-2010).
Here's an excerpt from the press release:
NISO is pleased to announce the publication of its latest Recommended Practice, CORE: Cost of Resource Exchange Protocol (NISO RP-10-2010). This Recommended Practice defines an XML schema to facilitate the exchange of financial information related to the acquisition of library resources between systems, such as an ILS and an ERMS.
CORE identifies a compact yet useful structure for query and delivery of relevant acquisitions data. "Sharing acquisitions information between systems has always been a difficult problem," said Ted Koppel, Agent Verso (ILS) Product Manager, Auto-Graphics, Inc. and co-chair of the CORE Working Group. "The rise of ERM systems made this problem even more acute. I'm glad that we, through the CORE Recommended Practice, have created a mechanism for data sharing, reuse, and delivery." Co-chair Ed Riding, Catalog Program Manager at the LDS Church History Library, added, "The CORE Recommended Practice provides a solution for libraries attempting to avoid duplicate entry and for systems developers intent on not reinventing the wheel. I look forward to the development of systems that can easily pull cost information from one another and believe CORE can help facilitate that."
CORE was originally intended for publication as a NISO standard. However, following a draft period of trial use that ended March 2010, the CORE Working Group and NISO's Business Information Topic Committee voted to approve the document as a Recommended Practice. This decision was in part based on the lack of uptake during the trial period as a result of recent economic conditions, and was motivated by the high interest in having CORE available for both current and future development as demand for the exchange of cost information increases. Making the CORE protocol available as a Recommended Practice allows ILS and ERM vendors, subscription agents, open-source providers, and other system developers to now implement the XML framework for exchanging cost information between systems. "I am pleased that CORE is now available for systems developers to begin using in order to facilitate the exchange of cost information between systems in a library environment," commented Todd Carpenter, NISO's Managing Director.